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Search Results 0 to 49 of about 136 (some duplicates have been removed)
a front flip on his motorcycle. he wound up winning that event. >> they say one of the big stars of the games is going to be skateboarder mitchie brusco. he's doing all sorts of crazy stuff. and get this. mitchie, just 14 years old. >> i've got to wonder how his mom feels about that. >> she's got to be a little scared. >> is she watching or she's got her eyes closed. >> i don't know how those guys do it. good lucuc >> wow, very impressive. >> yes. >>> more "world news now" when we come right back. let me tell you about a very important phone call i made. when i got my medicare card, i realized i needed an aarp... medicare supplement nsurance card, too. medicare is one of the great things about turning 65, but it doesn't cover everything. in fact, it only pays up to " 80% of your part b expenses. if you're already on or eligible for medicare call now to find out how an aarp... medicare supplement insurance plan / insured by unitedhealthcare insurance company, helps cover some of .the medical expenses... / not paid by medicare part b. that can save you from p
and hang seng closed down. let's go to kristie lu stout. what's the big headline this morning, kristie it's all a ar w rows down. the yen soon as a safe haven continues to rise. meanwhile stocks in europe are also dae cleaning. europe is battling its own debt crisis. moody's has placed spain's government bonds on a downgrachltd government pressures and weak growth were behind that decision. ali, back to you in new york. >> kristie, we always worry when we get into a weekend and we have a deadline and we don't have a deal here that that's going to start touching asian markets more quickly than it's going to touch u.s. markets on monday. what's the reaction to the u.s. not having a deal so far? >> let's look a at the political reaction out of china, the largest foreign holder. chinese leaders, the they're not just worried. they're angry. stephen roach, of morgan stanley, he's been telling cnn that chinese leaders are appalled and that they think that america's behavior could create havoc in the global economy. meanwhile the news agency shing wa released a statement says, quote, the well bei
, and everything, they give big tax breaks for the oil companies. the big manufacturers. they're taking jobs away from us. and why they think it is best to do that. i need an answer to that, because i work 40 years of my life, and now i'm disabled. and now they're talking about cutting everything. i just don't think -- i've even put my life on the line for this country, vietnam. why they think it's the right thing to do. host: thanks for your call. next up, a comment from hewitt, texas. tony, a republican there. good morning. caller: good morning. how's everybody there this morning? host: it's a little hot both temperature-wise and internally i think here. caller: yeah. you know, we deal with a few facts here this morning. that cut, cap and balance that was passed did two things that everybody just is totally bent out of shape about. one of which is that it would raise the debt ceiling, and we would give that community organizer everything he wanted. it also, at the time, would say that the united states would even have a downgrade in its debt rating. and what do we do? well, you got the presiden
and that could seem like a big hit, but close to 97 points today, but obviously celebrated by day's end but with the losses here, we are battling reaction to not only no progress on talks in washington, but not much good news on the economy, in general, with more indications of that from a hot -- host of companies including merck laying off 13,000. and at 6:00 p.m. eastern, we are waiting for two hours when the house of representatives will take up the boehner measure. that is the measure that will include a balanced budget amendment to make it more palatable for conservative members who did not quite fine it their cup of tea. the tea partyers were not fond of it and even if john boehner gets the vote what happens after that? harry reid has all but said he will table it, and it is not going anywhere, and he has his own plan in the senate which will be introduced this weekend, which is not palatable to all of his members and may not make the 60 vote he needs and after the senate would not get any support in the house of representatives. so we are at loggerheads. reaction from republican
on this bill today. but i think one of the big problems you face is that once he does send -- gets this through, if he does get it through, it's going to be very hard to get any of his republicans to vote for the real compromise in a day or two or three. >> reporter: well, that's exactly right. both of your points right. first of all, there are no negotiations going on in that final compromise right now because all the focus is getting this passed in the house. speaker boehner isn't exactly taking calls now from democrats. but he's trying to get his own republicans in line. once he does this, this is going to be very difficult for him to get -- to go any further by way of compromise. if there is a compromise, it's going to take a lot of democrats to pass it in the house. >> a lot of democrats, that's exactly right. okay, jon karl, jake tapper, thanks very much. key market openings sunday night, the next big deadline to watch for, as well. >> reporter: that's right. >> the asian market. elizabeth, this is just so uncertain going into the final weekend. >> well, and certainly the public is starti
. >>> well, the big story today, debt-struction. a lot of political shenanigans, developments coming fast and furious,y might expect this afternoon. widely, the markets are expecting a deal of some findish even if it's a band thade doesn't do much. we'll see what it mean. good afternoon. i'm dylan ratigan. a mass of house votes on yet another revised version of speaker boehner's deal. all of these deal, lick nickels and -- the final vote won't come until later tonight if boehner can whip up the 216 votes to do the deal. couldn't do it yesterday. we start with luke rurt on capitol hill. mike viqueira on standby at the white house. we begin with you, luke. tell me about a tea party politician who ran for the congress in objection to the back room arm twisting where i say i'll take away funding for the bridge, the sochool, the hospital if you don't vote on this? people wouldn't tolerate that and i imagine they're saying i'll withdraw your funding if you don't say yes on this vote? >> the house gop banned earmarks. weren't of the reasons boehner didn't go to the floor. not aa lot to give away
for weeks and weeks and weeks over big proposals to cut $4 trillion in spending and remake the way america collects taxes. mr. boehner fell pressure from consumer lives -- boehner felt pressure from consumerconservats and walked away. he did get involved. now he is kind of out of the room and is a mere spectator, as you indicated. >> at the end of the day, it looks like the debt ceiling will be raised. it has happened three times during the obama administration. >> yes, this is a strange fight for american lawmakers. in the past, the debt ceiling was raised routinely on the backs of other pieces of legislation. the so-called tea party republicans, who were elected as the referendum against obama and the democrats', said they would never raise the debt ceiling. that's the problem mr. boehner is facing. they have had months to get their troops ready for this. they are close. there's only a handful of votes away -- they are only a handful of votes away. the people elected in 2010 were elected on the single platform of not raising the debt ceiling. it has been an uphill battle for mr. boehner.
of some instruments that could -- showing, you know, trouble in the lending market. >> the big question is, will washington let that happen, and right now that answer is not any clearer than it was yesterday morning. we begin with breaking news, though. this titanic struggle that's continued to go on right now to end the debt crisis before next tuesday's deadline. here's a live look at the capitol where overnight, infighting among republicans forced house speaker john boehner to yank his debt bill. they thought there was going to be a vote last night. there is hope he will try to pass it again today. in four hours the speaker will again sit down with fellow republicans and again try to entice just a handful of hardline conservatives to fall in line. >> the bill's not perfect. i never said it was perfect. nobody in my caucus believes it's perfect. but what this bill reflects is a sincere, honest effort to end this crisis in a bipartisan way to send it to the senate where it can receive action. >> now the speaker's bill would cut $900 billion from the budget over ten years in exchange for a
at the beginning of the congressional session at the beginning of the year, you guys are making too big of a deal out of theist guys freshman elected in a wave election like lots of people who have spoiled them. they have been spoiled apparently. >> laura: what's the end game. >> the election, perhaps. >> laura: if, in fact, we see -- we have already seen 480 point market drop, if this thing doesn't go through. if, in fact, we push this issue of raising the debt ceiling off and it goes into next week, most people think the markets are going to continue to go down and, perhaps, collapse. we don't know but people are worrying about that if that happens and. >> who profits? >> laura: who profit. who is going to believe that moderate democrats and moderate republicans aren't going to say, boehner cut the best deal you can. we have got to staunch the bleeding here. >> this is what has made bed fellows with boehner and president obama. president obama has been saying if this goes down if we fail to strike a deal, this is going to be a tax hike on every american. >> laura: ed, finally with you, do you s
of washington's impact. but mining stocks with big drags here. we have rio tinto. financials fell. >> you know, ramy, we've been so preoccupied by what's happened in washington that sometimes it's easy to lose sight of the fact we are in the midst of earnings seasons. we've had reports across the region. >> nintendo, they slashed their full year's forecast earnings by a whopping 82%. that's because gamers aren't so interested in their handheld 3-d game players which came out five months ago. that would be the 3-ds. that's the biggest fall in the past two decades. you're looking at a year to date. nintendo share prices dropped a whopping 47%. it's a similar story, not so bad for sony. they cut its profit estimate for the year by about 25%. this was yesterday. that's because of weak demand for tvs like this bravia over in the u.s. and europe. sony's share price year to date has also dropped by about 35%. but, you know, it's not all doom and gloom. they say its net income surged to about $1.31 billion. this is for the six months to may. forecasters had been -- forecast had been for earnings for a
writes, get this, $80 million different checks. for everything from big ticket items like social security, veterans benefits, and nondefense contracts, to smaller payouts, to folks who are, for example, victims of black lung disease, or people who are railroad retirement board pensioneers. it's 80 million checks every single month. and, again, only about half the money they'll need to make good on all of those payments. so what does treasury do? who gets paid? who doesn't? laid out a possible scenario in which the treasury department only pays the following bills in august. interest on our debts, social security benefits, medicare and medicaid, defense contracts, and unemployment benefits. just paying those bills, just those, not everything we owe, just those, brings us to about $172 billion. which if you'll remember is all the money that they will have on hand. if only those programs get paid, here, my friends, is what doesn't get paid. military pay for active duty soldiers, veterans affairs programs, salary and benefit for federal employees, department of education, food services for lo
jordan, he's talking about last night's copper wire theft. >> reporter: a big one. how big? an estimated thousand feet of wire. >> they're stripping the wire too. not only are they cutting it they're taking the plastic off, throwing it away and keeping the cooper. >> reporter: this crew of criminals comes in, slices the cooper cable. rips it out and it only takes about 15 to 20 minutes and this crime it's not the first time it's happened. six schools have been hit this summer. >> what that's telling me right now is that it's gotten our attention. >> reporter: franklin middle school last night, the list goes on and the tab goes up. losses are estimated at $100,000. but who? who's committing these crimes in the middle of night. mel jordan has an idea. >> electricians, they have to be familiar about how when you see the work they just basically now how to cut it and pull. it could even be plumbers. >> reporter: the distribute says it is reviewing surveillance video and it's also offering a reward for information that leads to an arrest and conviction. in vallejo, mike mibach. >>> tomorrow,
off overnight. expected a big jump in the next hour or two. that will be in the 90s by 11 a.m. very quiet conditions. thunderstorm activity northwest towards cleveland. it would be nice if we could get that in here today. we'll be dry around here. we're just going to have a lot of heat. dangerous heat this afternoon. lots of water. please bring in the animals if they are outdoors. more details on the forecast coming up in a few minutes. >>> we are days away from the united states reaching its credit limit. still no deal on capitol hill. republicans in congress are regrouping today after failing to pass a fix it to the debt crisis last night. what does this all mean? sherri ly is live at the capitol capitol. >> reporter: right now, the votes just aren't there. these blurry eyed members of congress may be in for a rough morning. they worked late as republicans scrambled to find a way forward. john boehner couldn't convince enough conservative members of his party to back his plan to raise the debt ceiling in exchange for some but apparently not enough spending cuts. >> we're not ther
was the big question. it was cleveland himself who recommended going on a boat. >> lehrer: that's all ahead on tonight's "newshour." major funding for the pbs newshour has been provided by: >> well, the best companies are driven by new ideas. >> our history depends on new ideas. we spend billions on advanced technologies. >> it's all about investing in the future. >> we can find new energy-- more cleaner, safer and smarter. >> collaborating with the best in the field. >> chevron works with the smartest people at leading universities and tech companies. >> and yet, it's really basic. >> it's paying off everyday. and the william and flora hewlett foundation, working to solve social and environmental problems at home and around the world. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> lehrer: senate democrats vowed to stay in session around the clock to resolve the debt crisis. house republicans modified their plan
's going to be a big question mark as to how long mitch mcconnell will stay on that position and whether or not harry reid tables the boehner bill later today or tomorrow. there is no clear consensus on capitol hill over what they will do in order to raise the debt limit. there are ongoing negotiations between staffs, between mcconnell, reid, boehner all talking to some degree in unison. right now the gop wants to pursue the boehner plan which is a dead end in the united states senate. they're confident it's going to pass today. the rules committee meets at 12:50. john boehner said he was smiling as he left the meeting with his fellow members today, contessa. >> mike, let's go to you. we just found out from president obama's twitter page that he's even reiterating his request again for america people to call their lawmakers to demand a solution. the time for putting party first is over. if you want to see a bipartisan compromise let congress know. call, email, tweet and then he signs it barack obama. what's the white house hoping to accomplish by asking the american people to get involve
is not one of the big players in all of this. he has taken a role where he made is clear on the floor where he is fully supportive. he said what needed to be said. throw sug port there. but privately many other senators are telling us mccon sell working on a deal. mcconnell's aides say no, that's ce tnose things together, you get the sense where someone who thinks he can see the end game, thought i had it a while back and the opportunity for members of congress to disapprove a debt ceiling vote, which is part of the mechanics of hoop jumping legislatively is actually a plus for some tea party members who don't want to be on board right now. second ago, paul ducked under the camera to get to another location. he is another one i was thinking of. when you vote against the debt ceiling but give the president that authority that might be way for everybody to get what they want. it is of course too soon to see how it will factor out. but watching mix mcconnell, you will see someone who gets a sense of how things work and to see how he uses the power he earned all this time. >> chuck you first, w
>>> good morning. >>> breaking news. the dow down big at the start of trading as fear mounts that lawmakers will fail to reach a debt deal. the president is expected to deliver speech on the crisis in just moments. we'll be live. >>> closing beaches on the texas coast, temporarily shut down as tropical storm don approaches. it's expected to strengthen by the time it makes landfall tonight. >>> and survival mode -- a small plane crashes into lake huron. the pilot survived the impact, then treads water for 18 hours without a life vest. he'll share his remarkable story with us today, friday, july 29th, 2011. captions paid for by nbc-universal television >>> and good morning. welcome to "today." it's 7:00 a.m. on the west coast on a friday. i'm matt lauer. >> i'm ann curry. the clock is sticking. there's still no end to the debt ceiling crisis, and this has investors nervous. >> really nervous. just 30 minutes into the trading day, the dow down about 100 points already. this comes after a heated night on capitol hill where john boehner failed to find enough votes within his own p
to be a big divide. how do you tweak that to make the two of them happy? that might be a tall order. i can't think what would make the tea party satisfied with this bill, but balanced budget amendment? >> right. there has within talk around here unconfirmed that that is the sweetener being added to the boehner bill, a balanced budget amendment. but really this is an extraordinary evening in an extraordinary episode, greta, one that political scientists will be studying for 50 years or more. we watch both divided government at its most dysfunctional. and a president who to many observers appears to be side lined for the time being as -- congressional leaders work behind closed doors to hammer this out and deep divisions whereby a powerful speaker john boehner is having difficulty coralling votes he needed. remember he lost 59 republican votes. you have this large freshman class, 80 members, a lot backed by the tea party and elected here to, on a promise of cutting spending and take one exyampem. tim scott from south carolina was one of two freshman for the first time ever given a seat at th
francisco. big spread from sausalito at 70. santa rosa at 82. to ukiah near hundred degrees today. 68 in monterey and sunshine and mid-80s around santa cruz to low to mid 90s. big game at the coliseum, not only are the twins in town but fireworks tonight. mostly clear, 65 dropping down to 60 by the time the fireworks blast off. tonight you can see the clouds around the bay, the coast and north bay like it was this morning with mid to upper 50s, even a 62 in antioch. jetstream is well to the north. we're going watch high pressure to our south push the warm weather through the central valley and into the east bay valleys. it's because we still have a sea breeze during the weekend, looks like most of us will stay relatively mild. the closer you get to the central valley warmest it's going to be. heading up to tahoe or yosemite, chance of thunderstorms not only today but through the weekend. >> seven-day forecast, note those temperatures inland, flirlgt with 90 and upper 70s around the bay and low to mid-50s around the coast. >>> thanks, mike. >>> a panel of medical experts is now saying
way to do this, traditional way to do this to where we are now which is how big a deficit reduction package should accompany it. >> well, i think as the speaker of the house is discovering tonight, it is the reality we all live with here in washington, lawrence, which is this is a divided government, a two-party system. nobody gets entirely what he or she wants, and yes, if we had been doing this in the normal way as has been historically done, there would have been a clean debt ceiling vote, which has traditionally been unpleasant vote often for members of congress, but routine, noncontroversial, and certainly not tied to any deficit reduction package or any other measure for that matter. what happens is the speaker of the house made clear and republicans in general that they were linking the willingness to raise the debt ceiling to significant deficit reduction. as you know for a long time, we rejected the link, but because we believe we need to reduce our deficit and get our debt under control. we also worked concurrently as we moved through the spring and into the summer on prop
big story. temperatures already reaching into the 90's, making for another hot and humid day. will the last through the weekend? >> we knew it would return. it is 96 degrees right now at bwi. we could get close to a record today. humidity at 44%, do not let that fool you. there is still saturated. the record is 99 for today. we could touch that if things stay the way they are. 90 degree-plus days. those numbers could change depending on what happens today. your heat is pretty steamy. advisories for the entire state. air quality is also not good. " orange. just take a closer look and make sure that the elderly and kids are ok. we will check back in a few minutes to tell you when you can expect some relief. >> bge is telling their peak rewards customers they do not need to worry about having their air-conditioning shut down. during last week's heat wave, many customers that were part of the peak rewards program contacted us, telling us that their air conditioning was shot off with no notice. officials do not expect a repeat. >> we do not anticipate going to an emergency activat
their vote last night? all eyes on wall street, a big drop for the dow jones in fear that the debt ceiling deal will not be reached. bad news about the pace of the economic recovery. f a quick update on bay area weather and traffic. >> in the morning. a live look at the san mateo bridge. gray skies, overcast and foggy conditions along the peninsula. on the eastern shore of the day, we are looking for conditions to really improve. richmond is looking for a sunny and 70 degree conditions, oakland, 73 and partly cloudy. in hayward, 83 and mostly sunny. a full check on weather in a couple of minutes. now, over to traffic. for northbound direction of interest rate to 80 right at saratoga. a motorcycle accident originally blogging only one lane of traffic. the chp in the emergency crews have arrived. currently the middle lanes are blocked. if sold check on this developing hot spot in my next report. if >> topping our news right now, more than 1000 people are expected to pay their last respects to marine county sheriff's deputy jim matheson. a memorial service for the nine year veteran stars at 1
't. >> it could mean big losses on wall street and beyond. asian and european stocks are tight. the ceos of some of the biggest banks are expressing their concern. ceos of banks including goldman sachs, bank of america say this, a default on our nation's obligations or downgrade of america's credit rating would be a tremendous blow to business and investors in an already difficult economic circumstances. steve rattner. >> look, the fact is, this government, at the moment, ironically, at a time when people are saying let's not forget about jobs. this government is doing their best to destroy jobs as we are sitting here. business needs confidence. it needs some idea of what is going to happen. i don't know if you follow what's going out of the faa. there are 4,000 faa contractors out of work because the democrats and republicans can't agree on subsidies. they are just sitting there doing nothing instead of building infrastructure. the republicans and democrats can't agree on one tiny issue. >> there's no level of certainty. all different levels of this country. >> wouldn't that be the goal here, b
before the debt ceiling is raised. a notion savaged this week by a big-name senate republican. >> it's unfair, it's bizarro. >> reporter: savaged today by senate democrats. >> this is the most outrageous suggestive heard. >> speaker boehner should just give it up. >> but the republican senate leader backed the speaker. >> democrats are out bragging about how they're going to prolong the crisis instead of doing the hard work of trying to solve it. and that includes the president. >> reporter: president obama is not bragging. he's begging for no default. >> if we don't come to an agreement, we could lose our country's aaa credit rating. not because we didn't have the capacity to pay our bills. we do. but because we didn't have a aaa political system to match. >> reporter: house republicans set a vote on the boehner plan tonight. >> here we go again, my friends. >> reporter: senate democrats plan to kill the boehner plan. three days left. saturday, sunday, monday. in reality, especially in the senate, the two political parties really are not that far apart on the key issue, spending. th
and i felt a big impact. it was our van hitting a diesel parked in front of us. when i opened my eyes, i saw all the blood. >> reporter: her 29-year-old husband was shot in the head. she was grazed by a bullet and her 3-year-old was hit but is okay. she says she and her husband fed the homeless regularly at night. she says it was their mission. >> she was such a great person. he's still out there somewhere, that i might even run into him and not know that he murdered my husband for no reason. whoever he is, it's not fair. i almost lost my daughter. >> he was a servant of god. so i believe god wants to focus on his life and to understand that we need more of that in the world. >> reporter: his brother-in-law says paris found joy in helping others and whoever pulled the trigger must have thought he was somebody else. >> total cowards. paris has never been involved in any drugs or gangs or hustling or anything like that. he's a beautiful spirit. >> reporter: a fund has been set up for the powell family at wells fargo bank. the family is planning a candlelight vigil tomorrow night at the sce
by 1.3% during the last three months. a big disappointment, half of what economists say we need to see i drop in the unemployment rate. >> one of the big problem with the jobs picture is the confidence gap. all of the traditional fundamentals that tend to drive better hiring, none of that has translated into robust job growth. >> reporter: to top it all off, it's not exactly a confidence booster to hear for the first time the richest country in the world is sitting on less cash than apple computer. they are lococd in their high stakes game of chicken. >> it is maddening to a lot of people, particularly when they watch markets go into a period of volatility driven by what is happening in washington. that affects their pocketbooks on eye day to day basis. >> reporter: late night economics are at their wits end too. >> our fearless leaders fighting like a hoard of brides in filene's basement. >> reporter: 9 news describing our debt battle as dangerously irresponsible. bill weissman runs a furniture business in massachusetts and is feeling the firsthand uncertainty of the political gridloc
operators have always had plenty of back seat drivers riding along but since last fall big brother has been watching too. the transit system installed these cameras aimed at the driver's seat at a cost of $3 million. >> track movements of the buses and activities that the operators are involved in. primarily as a training tool. >> reporter: the union representing drivers complains there was a hidden agenda for the cameras. >> they told us they weren't going to take any disciplinary action with the property but lately they have been. >> reporter: once the probation period for the cameras ended last february a lot of misbehavior has been caught on metrocam including running red lights, which is the most common offense, speeding, failure to use seat belts and cell phone use while driving. the cameras monitor the drivers constantly but sudden events are recorded. disciplinary actions were taken including 222 suspensions and 20 firings for cell phone use. most of the passengers we spoke to seem to share this view. >> i think it is a great idea. it will make them stay focused on road and not get
this week by a big-named senate republican. >> its unfair, it's bizarro. >> reporter: savaged today by senate democrats. >> this is the most outrageous suggestive heard. >> speaker boehner should just give it up. >> reporter: but the republican senate leader backed the speaker. >> democrats are out bragging about how they're going to prolong the crisis instead of doing the hard work. trying to solve it. and that includes the president. >> reporter: president obama is not bragging. he's begging for no default. >> if we don't come to an agreement, we could lose our country's aaa credit rating. not because we didn't have the capacity to pay our bills. we do. but because we didn't have a aaa political system to match. >> reporter: house republicans set a vote on the boehner plan tonight. >> here we go again, my friends. >> reporter: senate democrats plan to kill the boehner plan. three days left. in fact, the two parties are not miles apart on the biggest issue, spending cuts. there are still plenty of ways out of this mess, said president obama, but not plenty of time. i'm steve handel
Search Results 0 to 49 of about 136 (some duplicates have been removed)